News

Huhtamaki has completed the acquisition of the majority of the business of Everest Flexibles

Huhtamaki has completed the acquisition of the majority of the business of Everest Flexibles (Pty) Limited (“Everest”), a privately-owned flexible packaging manufacturer in South Africa. The annual net sales of the acquired business is approximately EUR 40 million and it employs altogether approximately 460 people. The business was acquired for an enterprise value of EUR 58 million. The deal was paid partly in cash and partly in shares, as the sellers of Everest entread more

07.01.2020 read more